Insight Enterprises, Inc. $NSIT Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC lessened its holdings in Insight Enterprises, Inc. (NASDAQ:NSIT) by 16.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,939 shares of the software maker’s stock after selling 5,249 shares during the period. Intech Investment Management LLC owned approximately 0.08% of Insight Enterprises worth $2,113,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. CWM LLC lifted its stake in Insight Enterprises by 39.2% during the 4th quarter. CWM LLC now owns 529 shares of the software maker’s stock worth $43,000 after acquiring an additional 149 shares in the last quarter. Torren Management LLC acquired a new position in Insight Enterprises during the 4th quarter worth about $44,000. Annis Gardner Whiting Capital Advisors LLC lifted its stake in Insight Enterprises by 40.3% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 592 shares of the software maker’s stock worth $48,000 after acquiring an additional 170 shares in the last quarter. Hantz Financial Services Inc. lifted its stake in Insight Enterprises by 467.1% during the 4th quarter. Hantz Financial Services Inc. now owns 811 shares of the software maker’s stock worth $66,000 after acquiring an additional 668 shares in the last quarter. Finally, Covestor Ltd lifted its stake in Insight Enterprises by 32.2% during the 4th quarter. Covestor Ltd now owns 879 shares of the software maker’s stock worth $72,000 after acquiring an additional 214 shares in the last quarter.

Insight Enterprises Price Performance

Shares of NASDAQ NSIT opened at $115.60 on Thursday. The stock’s 50-day moving average is $81.14 and its two-hundred day moving average is $82.74. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.22 and a quick ratio of 1.17. Insight Enterprises, Inc. has a 1-year low of $63.62 and a 1-year high of $148.58. The company has a market cap of $3.49 billion, a price-to-earnings ratio of 20.21, a price-to-earnings-growth ratio of 1.05 and a beta of 1.10.

Insight Enterprises (NASDAQ:NSIT) last issued its quarterly earnings results on Thursday, May 7th. The software maker reported $2.88 earnings per share for the quarter, topping the consensus estimate of $2.45 by $0.43. Insight Enterprises had a return on equity of 20.89% and a net margin of 2.17%.The company had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter in the prior year, the business earned $2.06 EPS. Insight Enterprises’s revenue was up 1.2% on a year-over-year basis. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. Analysts forecast that Insight Enterprises, Inc. will post 11.43 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CFO James A. Morgado purchased 2,290 shares of the business’s stock in a transaction on Monday, May 11th. The shares were bought at an average price of $87.25 per share, for a total transaction of $199,802.50. Following the acquisition, the chief financial officer directly owned 17,246 shares in the company, valued at $1,504,713.50. This trade represents a 15.31% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.21% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Needham & Company LLC raised Insight Enterprises to an “overweight” rating in a research note on Wednesday, May 27th. Weiss Ratings reissued a “sell (d+)” rating on shares of Insight Enterprises in a research note on Thursday, April 2nd. Raymond James Financial raised Insight Enterprises from a “market perform” rating to an “outperform” rating and set a $100.00 target price on the stock in a research note on Thursday, May 7th. Wall Street Zen raised Insight Enterprises from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. Finally, JPMorgan Chase & Co. raised Insight Enterprises from an “underweight” rating to a “neutral” rating and set a $105.00 target price on the stock in a research note on Wednesday, May 27th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $100.00.

About Insight Enterprises

Insight Enterprises, Inc is a global technology provider headquartered in Tempe, Arizona. Founded in 1988, the company specializes in helping organizations harness the power of digital transformation by offering a comprehensive portfolio of IT hardware, software, cloud and licensing management solutions. Insight’s expertise spans across the full technology lifecycle, from initial strategy and consulting to implementation, integration and ongoing managed services.

At the core of Insight’s business are its consulting and professional services, which guide clients through complex technology environments and ensure optimal deployment of solutions.